News
MAS appoints Fullerton to manage Singapore equities mandate
MAS appoints Fullerton to manage Singapore equities mandate
The initiative aims to enhance the country’s asset management and research ecosystem.
MAS commits $50m for equity research and listing support
This is part of the central bank’s initiative to attract more investors.
MAS awards $1.1b to first batch of asset managers under equity development scheme
The next phase of selection will be in Q4 2025.
Firms to keep salary growth flat in 2026
It would be the third year in a row that salary increases are at 4%
Matex International asks to halt trading pending review
The company is in the process of onboarding a new sponsor.
Amcorp Global halts new projects in SG amidst cost pressure
The profit margins for property development in Singapore remain low.
Singapore launches online tool for advance care planning
It guides users through documenting their care preferences for end-of-life situations.
Upper Cross Street property up for sale
It has a total gross floor area of 1,331 square metres.
New protocol combines Western and TCM practices for hypertension
The initiative was launched by Parkway Shenton and Eu Yan San TCM Clinic.
Oiltek International mulls secondary listing in Bursa Malaysia
Its board is of the view that this will broaden and widen its investor reach.
Qian Hu’s profit declines by 87.7% YoY in H1
Earnings per share declined to $0.03 from $0.22 a year earlier.
Lum Chang Creations IPO 47.3 times subscribed
It raised gross proceeds of $12.25m.
Luminor Financial unit takes action vs KL Petrogas over unpaid debt
The outstanding debt from KLP was approximately RM14.3m.
UOL sells 53% of Upperhouse units during private preview
Units were sold at an average of $3,350 per square foot.
Daily Markets Briefing: STI up 0.67%; Top stock is Seatrium Limited
Seatrium Limited is the top stock with a 5.78% increase.
RHB Singapore to lead group’s pivot toward ASEAN growth
In 2024, RHB Singapore reported an 18.6% increase in total income to $252.6m, whilst gross loans grew by 14.7% to $8.95b.
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